Aztec Network secures $100 million in Series B funding led by a16z
The private layer-2 chain Aztec Network announced on Dec. 15 a $100 million Series B funding round led by venture capital firm a16z crypto. Other investors in the round include A Capital, King River, Variant, SV Angel, Hash Key, Fenbushu, and AVG. By partnering with a16z, the company plans to hire new engineers and build a […]
Only 1% of people can handle crypto self-custody right now: Binance CEO
Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody, suggesting that 99% of people choosing to self-custody their crypto will likely lose it one way or another. CZ has been been a supporter of self-custody for years, referring to its as a “fundamental human right” but has always urged users to “do […]
Tornado Cash is the latest chapter in the war against encryption
The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal government seems groundbreaking. However, tussles between the private sector and the state on the issue of privacy are far from new and can […]
Organizations look toward multiparty computation to advance Web3
Protecting user data and private keys is crucial as Web3 advances. Yet, the number of hacks that have occurred within the Web3 space in 2022 alone has been monumental, proving that additional security measures, along with greater forms of decentralization, are still required. As this becomes obvious, a number of organizations have started leveraging multiparty […]
The crypto industry must do more to promote encryption, says Meltem Demirors
“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed investment firm managing around $5 billion in assets — told Cointelegraph. Demirors, who first entered the Bitcoin (BTC) space in late 2012, further mentioned that it has been “fun to see how big […]
Signal encrypted messenger now accepts donations in Bitcoin
Users of major privacy-oriented messaging app Signal can now support the project with cryptocurrencies like Bitcoin (BTC). Signal officially announced Monday that the platform has started accepting crypto donations as a form of support for the Signal Technology Foundation, the nonprofit organization behind the app. “As a nonprofit organization, we depend on your support. If […]